I was living in Las Vegas, NV and had a short time period to find a home to purchase in our new location of Eau Claire, WI. 

The majority of properties near the Las Vegas Strip fall under the jurisdiction of Clark County where short-term rentals, defined as fewer than 30 days, are prohibited. ...

I’ve never lost money on a purchase (even riding vegas through the 2000’s).

--------------Federal report says home-flipping drove the housing bubbleBy Cristina SilvaThe Associated PressPublished: Tuesday, Dec 13, 2011 05:01AMLAS VEGAS — A new federal report indicates that speculative real estate investors played a larger role than originally thought in driving the housing bubble that led to record foreclosures and sent economies plummeting in Nevada, California, Arizona, Florida and other states.Researchers with the Federal Reserve Bank of New York found that investors who used low-down-payment, subprime credit to purchase multiple residential properties helped inflate home prices and are largely to blame for the recession.

He was quoted by the Las Vegas Sun saying, "It's something we can get done."

It seems like the deals in Vegas, Phoenix and other big foreclosure markets have dried up pretty much, but there still seems to be a lot of value in Florida.

If there is anything I can help with in the Vegas market please don't hesitate to reach out.

We need advice on where to place the money whether in a trust fund or 1031 exchange fund, LLC etc we are buying a 3 or 4 plex unit in vegas and want to invest in a commercial building as well as another business.

Armand-Just got back from the buying summit in Vegas.  

Las vegas is not a great city for short term rentals anymore since the regulations are extreemly strict and its impossible to get a licence if you do not live there or meet their criteria.